Hi, so I live in CA and my state income tax wipes out my $10k allowable SALT Deduction. Leaving another $10k in property tax I can not deduct. I am wondering what would happen if I had my friend come and live in my ho...

My husband and I own 6 rental properties. His sister and 3 children moved into one fully intending to pay rent. However she fell ill, lost her job, and has not paid but a few months rent this year. Of course my questi...

I have organized the rehab of two properties myself and plan to continue more in the future. I have also picked up a lot of side work with other property managers to keep money coming in. I decided to legitimize this ...

[NORTH CAROLINA] 
Hello,
Is there a way i can create a lease for just the land, but not the house, or have a NNN residential equivalent?
Context, i bought a house at a foreclosure auction. I mainly bought it for th...

I am looking to hire my 7yo son as a household employee. Mainly Supervising his 2 year old sister while were home so we can complete tasks such as cooking and laundry.
I do not own a business. Am I able to do this ou...

My wife's mother is looking to invest in real estate with me, she has a 100k available in actual CASH. The money sits in a safety deposit box in the bank and has already been taxed. 
Since its in actual cash the situ...

Hello all! I am currently househacking and doing some work on my own property aka putting in sweat equity. My question is: what is the treatment of my labor for for tax purposes? For example, if I paid a subcontractor...

rental income is only calculated after 2 years on tax returns? if my DTI was hovering around the higher limits (45-48) would a signed lease or 6 copies of rent checks/deposits help with my chances of getting appro...

Hey BP,I'm starting a new construction project with my brother, and have a couple questions about our tax strategy. I know that we'll need a CPA to get official advice, but I'd like to have a general idea of how it go...

Hi, I would like to know if adding solar panels with powerwalls a tax right off on a rental?